The Dollar And The Pound Are Sagging, And The Loonie Is Soaring
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Two GDP reports rankle and oil continues to ripple through the currency markets. Here's your Friday FX Fix.
The dollar still can't get a break. This morning's problem is the downward revision to fourth-quarter GDP. [WSJ]
Ditto the poundafter release of disappointing fourth-quarter GDP figures in Britain. [Nasdaq]
The Canadian dollar is getting a lift from higher oil prices. Finally. [WSJ]
Are Asian currencies at risk of a sharp fall due to higher oil prices? Deutsche Bank thinks so.
Italy's Mario Draghi, a leading candidate to take over at the European Central Bank, says he's serious about fighting inflation, but he still can't get enough love from France or Germany. [NYT]
CURRENCY FUTURES
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